BlocPower's online marketplace will connect impact investors to institutional networks of energy efficiency projects in churches, synagogues, non-profits, and small businesses in underserved communities. Stay tuned!
1) Aggregate buildings
BlocPower works with community leaders and institutions to assemble 4 or more non-profits, houses of worship, schools, small businesses or multi-family residences in financially underserved communities into a “Bloc” of potential retrofits.
2) Financial Analysis
BlocPower performs a rigorous analyses of the financial strength of each customer, to establish the likelihood that customers will pay their energy bill over time.
3) Engineering Analysis
BlocPower's experienced engineers perform a comprehensive energy audit of each property to determine the correct mix of solar and efficient technology that will reduce each customer's energy consumption.
4) Form "Blocs" of Solar and Energy Efficiency Projects
A "Bloc" is a micro-portfolio of projects that meets BlocPower's financial and engineering criteria. Each "Bloc" spreads out the risk of default, creates pricing discounts, and increases transactional size--improving the economic feasibility of installing solar and energy efficiency technology in all projects.
Investors concerned about climate change and job creation will be able to invest in clean energy projects on BlocPower's online platform.
Investors who provide upfront project financing will be repaid out of the energy savings generated by each solar and energy efficiency project.
7) Job Creation
BlocPower creates jobs for local underemployed workers from vulnerable populations. However, each worker must graduate from a rigorous, third party certified green jobs training program at the top of their class.
Questions? Email Donnel, Morris, Keith or James @BlocPower.org
WHO WE ARE
Duke, Columbia Business School, Community, Labor, Political Organizer, first EIR @ Jalia Ventures, Obama for America. White House Champion of Change. Donnel is a loyal fan of the perennially disappointing New York Knicks.
Cofounder, Chief Investment Officer
Math and Physics @ MIT, Columbia Business School, Real Capital Analytics, GE Capital's Energy Financial Services, Tech-Focused Private Equity. Morris is an Afro German lover of math and knows better than to put his faith in New York sports teams
Chief Commercial Officer
John Jay, Masters in Int'l Business. NYS Obama For America. Public Affairs and Political Consultant. Keith Kinch is the proud father of two. He hopes the Giants will rebound next season.
Chief Operating Officer, Head of Business Development
West Point, Tours in Iraq and Afghanistan, Harvard Kennedy School, Columbia Business School, Deutsche Bank. James loves his wife even though she's a LeBron fan and he's a Kobe fan. Nobody's perfect.
Chief Engineering Officer
LEED AP, University of Waterloo, Columbia Business School, Engineer @ Arup, Hatch, 10 years energy efficiency experience across 4 continents. Tooraj has been a fan of the Brazilian national soccer team since he was 6 years old.
20-year veteran of the software industry. Dexter's worked at firms as different as Razorfish and Bloomberg LP, and he remembers where he was when he wrote his first line of C++ code.
Business Development Associate
Business Development Associate
Lead Project Engineer
How BlocPower Works - in Less Than 5 Minutes
Be in touch!
We'll send you updates from time to time! Let us know how we're doing!